“Taken Out By The FBI, CIA, & Bob Woodward” – Tucker Carlson Says Watergate Was Orchestrated To Remove President Nixon From Office

“Taken Out By The FBI, CIA, & Bob Woodward” – Tucker Carlson Says Watergate Was Orchestrated To Remove President Nixon From Office

Authored by Paul Craig Roberts,

I have several times reported the same…

Nixon was removed because he was making arms limitation agreements with the Soviets and opening to China.

This was normalizing the enemy that the military/security complex needed for its budget and power.

It was for the same reason that President Kennedy was assassinated by the military/security complex.

The growing suspicion about Kennedy’s assassination meant that the military/security complex could not risk a second violent assassination, so Nixon was politically assassinated.

The same strategy was applied to Trump.

When Trump said he intended to normalize relations with Russia, he presented himself as the same threat to the military-security complex as Kennedy and Nixon.

That is what Russiagate was about, and what documentsgate, Jan 6 Insurrection, and two failed impeachments are all about.

When Russiagate and the impeachments failed, they decided to steal the election.

When Trump’s support survived all of this, they decided on the indictments.

In the least, the indictments will keep Trump off the campaign circuit and use up his resources in legal fees.

It is the determination and ability of the military/security complex to protect its budget and power that makes peace impossible and wars our way of life…

Watch Tucker Carlson discuss this below (with key quotes via @CollinRugg):

“Richard Nixon was taken out by the FBI and CIA, and with the help of Bob Woodward.”

“[Woodward] was that guy. And who is his main source for Watergate? Oh, the number two guy at the FBI. Oh, so you have the naval intelligence officer working with the FBI official to destroy the president. Okay. So that’s a deep state coup.

“Richard Nixon was elected by more votes than any president in American history in the 1972 election.”

The most popular president in his reelection campaign, and two years later, he’s gone, undone by a naval intel officer, the number two guy at the FBI and a bunch of CIA employees.”

“You tell me what that is. Those are the facts. Those are not disputed facts.”

Tyler Durden
Thu, 04/25/2024 – 23:05

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Tennessee Is First State To Criminalize Adults Who Help Minors Receive “Gender-Affirming” Care Without Parental Consent

Tennessee Is First State To Criminalize Adults Who Help Minors Receive “Gender-Affirming” Care Without Parental Consent

Tennessee’s GOP-controlled Statehouse on Thursday approved approval criminalizing adults who help minors receive gender-affirming care without parental consent, clearing the way for the first-in-the-nation proposal to be sent to Gov. Bill Lee’s desk for his signature.

As the AP reports, the bill mirrors almost the same language from a so-called anti-abortion trafficking proposal Tennessee Republican lawmakers approved just a day prior. In that version, supporters are hoping to stop adults from helping young people obtain abortions without permission from their parents or guardians.

Supporters of Lee, a Republican, are certain he will sign them into law. Lee eagerly approved a sweeping abortion ban and a ban on gender-affirming care for children. He has also never issued a veto during his time as governor.

While the Republican supermajority touted the proposed statutes as necessary to protect parental rights, critics – most of whom likely have purple hair and some oh whom occasionally enjoy child porn in a secret folder on their computer – warned about the possible broad application (as in what, the minor child’s parents will know what their child is up to?). Violations could range from talking to an adolescent about a website on where to find care to helping that young person travel to another state with looser restrictions on gender-affirming care services.

This is a parent’s rights bill, nothing more, nothing less,” Republican Rep. Bryan Richey, the bill’s sponsor, said during House debate earlier this week. “At the end of the day, parents should have final say what medical procedures their children are receiving, and nobody else.”

The Human Rights Campaign says Tennessee has enacted more anti-LGBTQ+ laws more than any other state since 2015, identifying more than 20 bills that advanced out of the Legislature over the past few months.

That included sending Gov. Lee a bill banning the spending of state money on hormone therapy or sex reassignment procedures for prisoners — though it would not apply to state inmates currently receiving hormone therapy — and requiring public school employees to report transgender students to their parents, as if requiring parents to know that their child – having undergone years of criminal brainwashing and propaganda as even Bill Mahr now admits – has mental problem is some kind of crime.

Tennessee Republicans previously also passed a measure that would let LGBTQ+ foster children be placed with families that hold anti-LGBTQ+ beliefs. Lee signed it into law this month.

“Tennessee lawmakers are on the verge of enacting more than twice as many anti-LGBTQ+ laws as any other state, a staggering assault on their own constituents,” Cathryn Oakley, senior director of legal policy at the Human Rights Campaign, said in a statement.

To date, no state has placed restrictions on helping young people receive gender-affirming care, despite the recent push among more than 20 Republican-led states — including Tennessee — to ban such care for most minors.

Instead some Democratic-led states have been pushing to shield health care providers if they provide services that are banned in a patient’s home state. Most recently Maine’s Democratic governor signed a bill Wednesday protecting providers of abortion and gender-affirming care from legal action brought by other states.

The proposal has created a disagreement between Maine Attorney General Aaron Frey and attorneys general in several other states, including Tennessee. The other states have warned of legal action over the law; Frey dismissed such threats as “meritless.”

Tyler Durden
Thu, 04/25/2024 – 22:45

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Excess Deaths In Japan Hit 115,000 Following 3rd COVID Shot; New Study Explains Why

Excess Deaths In Japan Hit 115,000 Following 3rd COVID Shot; New Study Explains Why

Authored by Joe Wang via The Epoch Times (emphasis ours),

A new study on harms resulting from the COVID vaccine was published on April 8 in the U.S.-based peer-reviewed medical science journal Cureus. It represents the largest study to date on adverse effects of the COVID vaccine, and the results are shocking, to put it mildly.

In the study, titled “Increased Age-Adjusted Cancer Mortality After the Third mRNA-Lipid Nanoparticle Vaccine Dose During the COVID-19 Pandemic in Japan,” five Japanese scientists used an entire dataset of the country’s 123 million population (Japan has the highest vaccination rate in the world) to study excess cancer mortalities coinciding with mass COVID vaccination.

The authors also provide a sound explanation as to why these deaths occurred after the mRNA injection.

As a former vaccine researcher, I read the Cureus article with great interest. My fellow Epoch Times columnist, Megan Redshaw, has written an excellent article on this study. Here, I would like to highlight some points that I think are worth reiterating.

Excess Deaths Following the Third Shot

The study shows there were 1,568,961 total deaths in Japan in 2022. About 1,453,162 deaths were expected based on statistical predictions using pre-pandemic information, which means there were 115,799 excess deaths in 2022.

The 115,799 “age-adjusted excess number of deaths” in 2022 occurred after two-thirds of the Japanese population had received the third dose of COVID vaccine.

Based on Japan’s Ministry of Health data, I calculated that there were 39,060 COVID deaths reported in 2022. So, the majority of Japan’s excess deaths in 2022 were not caused by COVID infection, but rather are strongly associated with the vaccination.

Harm Done by the Vaccine, Not the Virus

The study shows that in 2020, after COVID-19 began to spread in Japan but before vaccination was available, the age-adjusted number of deaths was 28,000 fewer than what was predicted. And in 2021, as the virus continued and there was limited COVID-19 vaccination (it started in February), there were 25,000 more deaths than what was predicted.

Based on the number of excess deaths in 2022, the Japanese scientists concluded: “Statistically significant increases in age-adjusted mortality rates of all cancer and some specific types of cancer, namely, ovarian cancer, leukemia, prostate, lip/oral/pharyngeal, pancreatic, and breast cancers, were observed in 2022 after two-thirds of the Japanese population had received the third or later dose of SARS-CoV-2 mRNA-LNP vaccine.”

“These particularly marked increases in mortality rates of these ERα-sensitive cancers may be attributable to several mechanisms of the mRNA-LNP vaccination rather than COVID-19 infection itself or reduced cancer care due to the lockdown,” the authors wrote.

In plain English, this study revealed the mRNA COVID jab is likely the cause of the extra deaths that occurred in Japan.

6 Types of Cancer Had Significant Excess Deaths

The study presented the numbers for all-cause death, but also looked into the details of deaths caused by cancer. It found that of the 20 types of cancer, six of them—ovarian, leukemia, prostate, lip/oral/pharyngeal, pancreatic, and breast cancer—had statistically significant excess mortalities in 2021 and increased further in 2022.

The significant increase in mortalities for the six specific cancer types cannot be blamed on a shortage of health-care services during the pandemic. Reduced cancer screening and health care due to lockdowns should increase deaths for all cancers. However, such an increase was not observed in other types of cancers in Japan in 2022.

So what is so special about the six specific cancer types? They are all known as estrogen receptor alpha (ERα)-sensitive cancers.

The scientists explained why these cancers not only occurred after vaccination, but also killed people in a short period of time after they received the shot.

Cancer After the Jab: A Scientific Explanation

I worked as a research scientist at Sanofi Pasteur, one of the world’s largest vaccine companies, for more than 10 years. As the person who spearheaded Sanofi’s SARS-CoV-1 vaccine development in 2003, I personally found the hypothesis presented by the Japanese scientists very reasonable.

Please bear with me on the scientific terms, because they are important in understanding the possible roles the mRNA vaccine may have played in cancer development.

ERs (estrogen receptors) are a group of proteins found inside cells. They are receptors that can be activated by the sex hormone estrogen. ERα is one of the two classes of ERs, an important regulator in the body’s reproductive system.

Research published in the peer-reviewed journal Science Advances in November 2022 screened 9,000 human proteins to see which protein binds better with the spike (S) protein of SARS-CoV-2, and found the S protein specifically binds to ERα. The binding “upregulates the transcriptional activity of ERα.”

In other words, the S protein of SARS-CoV-2 (from infection or vaccination), when introduced into the human body, binds to ERα and functions as a nuclear receptor coregulator, interfering with the cell’s normal function and leading to malfunction of the cells and organs.

This may explain why death caused by the six types of ERα-sensitive cancers increased in 2022 in Japan after two-thirds of the population received the third dose of the mRNA vaccine.

The vaccine carries the S gene of SARS-CoV-2, hijacking the host cells to produce S proteins. The S proteins produce inside the cell, then bind to ERα, disrupting the cell’s normal function and leading to cancer development.

Cancer is a disease in which some of the body’s cells grow uncontrollably and spread to other parts of the body.

For any healthy person, some cells die, some age, and some become cancerous. All this happens without the person knowing it because the body’s immune system is constantly working to deal with such problems. However, if the immune system is compromised, illness then develops, including cancer.

Plenty of evidence has started to emerge showing that the COVID-19 vaccine has the potential to severely interfere with the human body’s immune system. This new Japanese study provides further evidence of the extent of this phenomenon.

Vaccination and Suppression of Cancer Immunosurveillance

It has been shown the mRNA vaccine not only has the potential to cause cancer, it may also weaken the immune systems’ ability to recognize and repress cancerous tumours.

In a study published last October, Konstantin Fohse and colleagues reported vaccination with BNT162b2 modulated innate immune responses, resulting in a weakened cancer immunosurveillance.

The damage caused by COVID vaccines would have been less if the vaccination wasn’t as widespread, and the dosage of the vaccines were not as high due to boosters.

The Japanese scientists found that for each Pfizer-BioNTech dose, there are about 13 trillion SARS-CoV-2 mRNA-LNP molecules. For Moderna, the number is 40 trillion. Since the average human body has about 37.2 trillion cells, one COVID-19 mRNA-LNP dose would have enough molecules to spread into each and every human cell.

As I wrote previously, contrary to what the Centers for Disease Control and Prevention’s claim that “after the body produces an immune response, it discards all of the vaccine ingredients” because uridines in normal RNA are now replaced with pseudo-uridines in this COVID-19 mRNA-LNP, we know the modified RNA now lives in the body for months and can even find its way into babies through breast milk.

The Japanese study was written before October 2023 using information from 2022 and earlier. As COVID vaccination continues in many countries, it is scary to think how many people may die or develop cancer if the 2022 trend continues.

Uncertain Future

As authorities across the world still claim that the COVID-19 vaccine is “safe and effective” and continue pushing vaccination, it is uncertain what the future holds.

This is because the COVID-19 mRNA-LNP molecules already in the bodies of hundreds of millions of people will remain there and continue producing the S protein, interfering with the immune system and causing cancer and other diseases.

Studies like the one by the Japanese scientists should have been undertaken in countries such as the United States, Canada, and the UK and published in top medical journals without censorship so that we can learn from mistakes and prevent the mistakes from happening again. Unfortunately, that has not happened.

However, hopefully more and more scientists and researchers will be brave enough to point out the very obvious: that the COVID-19 vaccine is not safe.

It is worth noting that the Cureus medical journal was recently acquired by the Springer Nature Group in December 2022. The group also owns renowned scientific publications such as Nature and Nature Medicine.

COVID vaccine injury has been a taboo subject for scientists and medical journals. Many people were cancelled when they tried to defy the censorship. It is refreshing to see Springer Nature publish the Japanese study.

Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times or ZeroHedge.

Tyler Durden
Thu, 04/25/2024 – 22:25

via ZeroHedge News https://ift.tt/byCP2Gz Tyler Durden

Palmer Luckey’s Anduril & General Atomics Selected By USAF For Next Round Of AI Drone Program 

Palmer Luckey’s Anduril & General Atomics Selected By USAF For Next Round Of AI Drone Program 

The US Air Force’s hot pursuit of drone wingmen, known as collaborative combat aircraft, flying alongside piloted stealth fighter jets such as the Lockheed Martin F-35 Lightning II and Lockheed Martin F-22 Raptor, is a major effort to modernize its fleet and advance defensive and offensive capabilities in a world erupting into chaos.  

On Wednesday, the USAF announced that Palmer Luckey’s defense tech startup Anduril and General Atomics Aeronautical Systems were selected to build and test wingmen drones for the next phase of the CCA program. This means the pool of competitors has shrunk from five to two, eliminating Boeing, Lockheed Martin, and Northrop Grumman. We don’t think the military is ready for 737 Max drones. 

“The companies not selected to build these production representative CCA vehicles, and execute the flight test program, will continue to be part of the broader industry partner vendor pool consisting of more than 20 companies to compete for future efforts, including future production contracts,” the service wrote in a press release. 

USAF wants to deploy more than 1,000 wingmen drones that can carry out a wide range of missions, including electronic warfare, intelligence, surveillance, reconnaissance, and dogfighting. 

Commenting on the announcement, Secretary of the Air Force Frank Kendall said the CCA started “just over two years ago” as part of his “Operational Imperatives, to pursue collaborative combat aircraft.”

“The progress we’ve made is a testament to the invaluable collaboration with industry, whose investment alongside the Air Force has propelled this initiative forward. It’s truly encouraging to witness the rapid execution of this program,” Kendall said.

General Atomics has pitched the Air Force on its autonomous collaborative drone known as “Gambit.” 

While Anduril has submitted a high-performance autonomous air vehicle called “Fury.”

“There is no time to waste on business as usual,” Anduril chief executive Brian Schimpf said in a release, adding, “With the CCA program, Sec. Kendall and the Air Force have embraced a fast-moving, forward-looking approach to field autonomous systems at speed and scale. … Anduril is proud to pave the way for other non-traditional defense companies to compete and deliver on large-scale programs.”

We’ve been saying for years that the next major conflict will be fought with hypersonic weapons and drones. And that’s precisely the technology being used in Ukraine. 

Luckey’s startup, Anduril, aims to cement America’s lead in the military technology race, as the bloated military-industrial complex risks blowing the lead. 

“We need a new breed of defense technology companies to reboot the arsenal of democracy,” Anduril states on its website.

Tyler Durden
Thu, 04/25/2024 – 22:05

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Hertz Increases The Number Of Electric Cars It Wants To Get Rid Off To 30,000 From 20,000

Hertz Increases The Number Of Electric Cars It Wants To Get Rid Off To 30,000 From 20,000

By Charles Kennedy of OilPrice.com

Hertz raised the number of electric vehicles it plans to sell this year as it is cutting its EV fleet to reduce losses that have weighed on the car rental giant’s earnings.

In the first quarter, Hertz upsized its EV disposition plan by 10,000 vehicles, for a total of 30,000 EVs intended for sale in 2024. Most of these EVs will be Teslas.

The company incurred a $195 million charge to vehicle depreciation to write down the EVs held for sale which were remaining in inventory at quarter-end to fair value and recognize the disposition losses on EVs sold in the period, Hertz said in a statement on Thursday

Vehicle depreciation in the first quarter of 2024 increased by $588 million, or $339 on a per unit basis. Of the $339 per unit increase, $119 was related to EVs held for sale, the company said. [if !supportLineBreakNewLine] [endif]

Hertz reported a much larger loss for the first quarter than analysts had forecast. Adjusted net loss stood at $392 million, or $1.28 loss per diluted share.

This compares with an analyst consensus estimate of a loss of $0.45 per share.

Following the earnings release on Thursday, Hertz’s stock crashed by 21% on the NASDAQ but ended off the lows, still down 19%…

Hertz was an early mover in buying EVs to rent to customers, but it and other car rental companies have recently started to sell the EVs they had previously purchased due to weaker customer demand for EV rentals. 

Hertz, unlike other rental firms, has a more risky approach because it fully owns all the EVs it has bought and is losing money if the resale value slumps.

As it did.

Earlier this year, Hertz said in a regulatory filing to the SEC it is selling roughly one-third of its electric vehicle fleet, highlighting the risk of its first-mover strategy when it comes to EVs.

Tyler Durden
Thu, 04/25/2024 – 21:45

via ZeroHedge News https://ift.tt/ySzcf9X Tyler Durden

President With Crackhead Son Frees 5 Crack Dealers, Ditches Promise To Release All Pot Criminals

President With Crackhead Son Frees 5 Crack Dealers, Ditches Promise To Release All Pot Criminals

President Biden has granted clemency to five crack dealers, ordering their early release for dealing the drug in recognition of Second Chance Month.

Yes, this guy…

Meanwhile, the Biden administration has made zero progress on a campaign promise to release “everyone” in prison for marijuana offenses, the NY Post reports.

America is a Nation founded on the promise of second chances. During Second Chance Month, we reaffirm our commitment to rehabilitation and reentry for people returning to their communities post incarceration,” whoever writes Biden’s statements said on Wednesday.

“We also recommit to building a criminal justice system that lives up to those ideals and ensures that everyone receives equal justice under law. That is why today I am announcing steps I am taking to make this promise a reality.”

Biden, who wrote or cosponsored some of the nation’s harshest federal drug laws in the 1980s and ’90s, said that he chose to issue commutations to the five crack offenders because they would have been given more lenient sentences today — continuing a long-running effort dating to the Obama administration to identify and retroactively reduce such sentences.

It’s unclear why Biden chose to free none of the estimated 2,700 federal marijuana-dealing inmates, as he promised to do at a Democratic primary debate in 2019. -NY Post

Biden has defended his broken promise to free all marijuana offenses, citing his 2022 mass pardon for people convicted of simple marijuana possession (none of whom were actually in prison), counts. Cannabis advocates call bullshit, however, saying that they understood “everyone” to mean incarcerated dealers as well.

Biden also pardoned 11 people who have already completed their prison sentences, allowing them to vote and own guns again.

“I am using my clemency power to pardon 11 individuals and commute the sentences of 5 individuals who were convicted of non-violent drug offenses,” said Biden’s writer. “Many of these individuals received disproportionately longer sentences than they would have under current law, policy, and practice. The pardon recipients have demonstrated their commitment to improving their lives and positively transforming their communities. The commutation recipients have shown that they are deserving of forgiveness and the chance at building a brighter future for themselves beyond prison walls.”

Tyler Durden
Thu, 04/25/2024 – 21:25

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Senate GOP Must Seize Opportunity To Expand Trump Tax Cuts

Senate GOP Must Seize Opportunity To Expand Trump Tax Cuts

Authored by Stephen Moore and Adam Brandon via RealClear Politics,

President Joe Biden came into office promising to repeal President Trump’s 2017 Tax Cuts and Jobs Act – a law that turbocharged American job growth and U.S. national competitiveness. In the first two years of the Biden administration, there was a chance that the president could have succeeded in undermining the law.

Yet, today, as Biden finishes his term, the Trump tax cuts are not only still standing but may be strengthened.

That is, if Senate Republicans seize the opportunity before them.

In January, the House overwhelmingly passed the Tax Relief for American Families and Workers Act (H.R. 7024), a major new tax relief package that builds on the successes of the 2017 Tax Cuts and Jobs Act. Its relief targets the engines of American productivity including full deductibility for Research and Development costs, full and immediate expensing, as well as interest deductibility and restoration of deductibility of depreciation and amortization costs.

Passing this bill enhances American competitiveness with China, boosts job creation, increases wages for workers, and promotes new investment and innovation.

As Jay Timmons, CEO of the National Association of Manufacturers put it, “Remember the 2017 tax reforms? They were rocket fuel for our industry. We kept our promises to raise wages, hire workers, and invest in our communities. We would not be outpacing other countries without them.”  

But it also does something else: The bill extends important cost recovery provisions of the 2017 Republican tax cuts signed by President Trump, an essential step in achieving full permanency of the Tax Cuts and Jobs Act.

Without congressional action, President Trump’s 2017 tax cuts expire at the end of 2025.

While Senate Finance Committee Ranking Member Mike Crapo and some colleagues have raised objections about provisions of the bill that would expand the Child Tax Credit, Crapo and other GOP senators need to keep sight of the significance of this measure in a larger fight.

Passing the Tax Relief for American Families and Workers Act would vastly improve Republicans’ bargaining position going into the fight over the future of the Trump tax cuts.

And right now, advocates for job growth and competitiveness must be prepared for this fight.

At a March 12 hearing on the Tax Relief for American Families and Workers Act, Senate Finance Committee Chair Ron Wyden (D-OR) declared, “This set of policies isn’t going to be on the table in 2025 if this bill stalls out.” It’s understandable for Republicans to dismiss this as empty talk, given that the GOP faces a highly favorable Senate map in this year’s elections.

But, in politics, nothing is certain. Remember the “red wave” that wasn’t? Even if Republicans retake the Senate, Wyden and allies could follow through on their threat if Democrats retain the White House or take back the House.

Conservative Republicans have every reason to support the Tax Relief for American Families and Workers Act. The bill would be financed by repealing the employee retention tax credit, a COVID-era program that has been rife with fraud. Over 40 conservative and free-market organizations have urged lawmakers to pass the pro-growth legislation. Other organizations and leaders from across the conservative movement have strongly backed the bill. At the same time, far-left Democrats including Sen. Elizabeth Warren (D-MA) and Rep. Rosa DeLauro (D-CT) have railed against the legislation.

If GOP senators want to save their signature economic success of the past decade, they must get to yes on this tax reform.

Stephen Moore is a senior fellow at the Heritage Foundation and is the author of “Govzilla: How the Relentless Growth of Government Is Devouring America.”

Tyler Durden
Thu, 04/25/2024 – 21:05

via ZeroHedge News https://ift.tt/bCe9zXc Tyler Durden

SEC Expected To Deny Spot Ether ETFs In May, Consensys Sues Over ‘Security’ Status

SEC Expected To Deny Spot Ether ETFs In May, Consensys Sues Over ‘Security’ Status

There are increasing doubts among industry insiders that the SEC will approved Spot Ether ETFs in May, according to a report from Reuters.

According to four people who participated, recent meetings between issuers and the SEC have been one-sided and agency staff have not discussed substantive details about the proposed products.

That is in contrast to the intensive and detailed discussions between issuers and the agency in the weeks before its landmark approval of spot bitcoin ETFs in January, said the people who declined to be identified because the talks are private.

As CoinTelegraph reports, before the historic approval, the SEC rejected spot BTC ETF filings for over a decade.

It only changed its stance after Grayscale Investments won a court victory against the securities regulator in August 2023.

Many analysts agree that the SEC is likely to further delay possible approval of Ether ETFs.

“It seems more likely that approval will be delayed until later in 2024, or longer,” VettaFi ETF data analyst Todd Rosenbluth reportedly said, adding that the regulatory landscape is still too “cloudy.”

Bloomberg ETF analyst Eric Balchunas previously estimated chances of the SEC approving a spot Ether ETF in May at around 35% in March.

He also noted that he’d sourced “good intel” to suggest that the SEC may be giving the silent treatment to prospective fund issuers on purpose.

Price action has sown ETH relatively underperforming BTC from the initiation of the spot bitcoin ETFs as hope fades for ETH… for now…

Balchunas also mentioned that SEC Chair Gary Gensler’s stance on Ether could also impact the decision process as he has refused to give clarity on whether Ether was a security.

We have detailed the furore over the classification of Ether as a security (or not) a number of times (most recently here and here), but today saw the situation escalated as Consensys, a major backer of the Ethereum blockchain, filed a lawsuit against the agency in Texas federal court, asking the court, among other things, to resolve one of the biggest legal uncertainties hanging over the crypto industry by stating that Ethereum’s digital token, Ether, is not a security.

Fortune’s Jeff John Roberts reports that in its 34-page legal filing, Consensys uses dramatic language to argue that the SEC’s efforts to exert jurisdiction over Ethereum is both illegal and a threat to blockchain technology more broadly.

“The SEC’s unlawful seizure of authority over ETH would spell disaster for the Ethereum network, and for Consensys. Every holder of ETH, including Consensys, would fear violating the securities laws if he or she were to transfer ETH on the network,” the complaint states.

“This would bring use of the Ethereum blockchain in the United States to a halt, crippling one of the internet’s greatest innovations.”

Gensler’s tactics have angered many in the crypto industry who have complained the SEC has failed to provide clear rules or to create a regulatory model that accounts for the distinct features of blockchain technology.

The controversy over Ethereum has been especially heated since the SEC has signaled repeatedly in the past that the blockchain’s tokens, like Bitcoin, are not securities and therefore outside its jurisdiction.

This includes a landmark 2018 speech where a senior official stated that Ethereum had become “sufficiently decentralized” as well as the agency’s decision last year to allow Ethereum futures trading—an implicit acknowledgement that Ether is a commodity. Meanwhile, video has surfaced of Gensler himself, in his role as a private citizen, telling hedge funds in 2018 that Ethereum is not a security.

However, as we detailed here, these precedents (and his own words) have failed to dissuade Gensler, who appears to be using a recent feature of Ethereum, known as staking, as grounds for the recent legal campaign.

As a reminder, the release of so-called ‘Hinman documents’ last June had revealed the role of network decentralization in the SEC’s thinking on whether a digital token should be classified as security or not.

In particular, JPMorgan points out that SEC officials had acknowledged in the past that tokens on a sufficiently decentralized network are no longer securities because there is no “controlling group˙ in the Howey sense (the Howey Test relates to the U.S. Supreme Court case to determine whether a transaction qualifies as an investment contract).

“If there is no spot Ethereum ETF approval in May, then we assume there is going to be a litigation process after May,” Panigirtzoglou told The Block earlier in the month.

“We believe that the most likely scenario is that the SEC eventually loses this litigation (similar to what happened with the Grayscale and Ripple legal battles last year), which means that eventually, the SEC will approve spot Ethereum ETFs (but not as soon as this May).”

In an interview with Fortune, Consensys founder Joe Lubin described as “preposterous” the theory that staking transformed Ethereum from a commodity into a security.

“The act of staking is really just posting a security bond so you can get paid to contribute labor and resources to help operate the Ethereum protocol. Now they’re trying to turn that into some sort of investment contract,” Lubin said.

Lubin also stated that Gensler’s legal position appeared to be an attempt to halt the overall growth of crypto, and to justify the SEC blocking pending applications by companies to launch spot ETFs for Ethereum following the huge popularity of Bitcoin ETFs.

“They are trying to regulate a technology on its merits, which the SEC shouldn’t be doing. They’re trying to stifle certain kinds of innovation. And they’re trying to do that because probably they see Ether spot ETFs as a floodgate that’s going to bring a lot of capital into our ecosystem,” said Lubin.

As Fortune notes, the Consensys lawsuit was filed in Texas, which dovetails with a broader strategy of the crypto industry to tee up eventual legal appeals in the U.S. Court of Appeals for the Fifth Circuit.

The circuit has shown greater skepticism of agency actions than other courts and, if the industry can win a favorable judgment, it would likely tee up an appeal for the Supreme Court.

Meanwhile, against that clearly politically-motivated push by Gensler (anything to placate Warren after he was forced to acquiesce over spot bitcoin ETFs); on April 24, Hong Kong’s Securities and Futures Commission (SFC) officially approved the first batch of spot Bitcoin and Ether ETFs, including three BTC and three ETH ETFs by China Asset Management, Harvest Global Investments and Bosera.

Following approval, Hong Kong’s crypto ETFs are expected to start trading on April 30.

Tyler Durden
Thu, 04/25/2024 – 20:45

via ZeroHedge News https://ift.tt/yu7FUO9 Tyler Durden

How Hard Is It To Get Into An Ivy League School?

How Hard Is It To Get Into An Ivy League School?

Ivy League institutions are renowned worldwide for their academic excellence and long-standing traditions. But how hard is it to get into one of the top universities in the U.S.?

In this graphic, Visual Capitalist’s Marcus Lu details the admission rates and average annual cost for Ivy League schools, as well as the median SAT scores required to be accepted. The data comes from the National Center for Education Statistics and was compiled by 24/7 Wall St.

Note that “average annual cost” represents the net price a student pays after subtracting the average value of grants and/or scholarships received.

Harvard is the Most Selective

The SAT is a standardized test commonly used for college admissions in the United States. It’s taken by high school juniors and seniors to assess their readiness for college-level academic work.

When comparing SAT scores, Harvard and Dartmouth are among the most challenging universities to gain admission to. The median SAT scores for their students are 760 for reading and writing and 790 for math. Still, Harvard has half the admission rate (3.2%) compared to Dartmouth (6.4%).

*Costs after receiving federal financial aid.

Additionally, Dartmouth has the highest average annual cost at $33,000. Princeton has the lowest at $11,100.

While student debt has surged in the United States in recent years, hitting $1.73 trillion in 2023, the worth of obtaining a degree from any of the schools listed surpasses mere academics. This is evidenced by the substantial incomes earned by former students.

Harvard grads, for example, have the highest average starting salary in the country, at $91,700.

Tyler Durden
Thu, 04/25/2024 – 20:05

via ZeroHedge News https://ift.tt/YQSI7UZ Tyler Durden

Judge Shoots Down Effort To Identify FBI, Undercover Police On Jan. 6

Judge Shoots Down Effort To Identify FBI, Undercover Police On Jan. 6

Authored by Joseph M. Hanneman via The Epoch Times (emphasis ours),

A federal judge in Washington D.C. has denied seven motions from a defendant seeking to identify FBI agents in Jan. 6 crowds and gain access to undercover videos shot by Metropolitan Police Department (MPD) officers, at least one of whom incited the crowds at the U.S. Capitol.

Former FBI special agent John Guandolo (center) with two possible active FBI special agents at the U.S. Capitol on Jan. 6, 2021. (Illustration by The Epoch Times, U.S. Capitol Police/Graphic by The Epoch Times)

In a 22-page order, U.S. District Judge Rudolph Contreras ruled against William Pope on a range of motions filed in his Jan. 6 criminal case since May 2023.

Judge Contreras partially granted a government cross-motion to modify the evidence protective order in the case. “I now have the most restricted discovery access conditions of any Jan 6 defendant,” Mr. Pope wrote on X.

All I’m asking for is a fair fight in court, but he’s denying me rights to defend myself Pro Se that aren’t denied to attorneys,” Mr. Pope told The Epoch Times in a statement. “Even though some January 6 attorneys have filed highly sensitive materials as public exhibits, or leaked them on social media, I have not released a single sensitive or highly sensitive file governed by the protective order.”

Mr. Pope, 38, publisher of the news website Free State Kansas, was at the Capitol on Jan. 6, covering the protest and subsequent violence.

Federal prosecutors charged him with civil disorder, corruptly obstructing an official proceeding, entering and remaining in a restricted building or grounds, disorderly and disruptive conduct in a restricted building or grounds, impeding ingress or egress in a restricted building or grounds, disorderly conduct in a Capitol building, impeding passage through the Capitol grounds or buildings, and parading, demonstrating, or picketing in a Capitol building.

He faces a July 22 trial.

Sought FBI Agents

Mr. Pope most recently asked the court to compel federal prosecutors to identify all FBI special agents or other employees who were “material witnesses” at the Capitol on Jan. 6 and produce “all photographs, videos, and records related to their presence.”

In that motion, Mr. Pope cited two suspected FBI agents who attended Jan. 6 events at the Capitol with former special agent John Guandolo, who once served as the Bureau’s liaison with U.S. Capitol Police.

Mr. Guandolo “has said in interviews that he was with several active-duty FBI agents on January 6, and that he and those agents have been interviewed by the FBI regarding their observations,” Mr. Pope wrote in his Feb. 12 motion.

One of the men was seen on security video clapping enthusiastically as a large crowd of protesters rushed up the east steps to the Columbus Doors. “Oh, oh, oh man, this is huge,” the man said, heard on Mr. Guandolo’s cell phone video that showed the crowd ascending the steps.

The other suspected agent was seen on Capitol Police security video meeting with an FBI SWAT team shortly after its BearCat tactical vehicle rolled onto the House Plaza at about 2:30 p.m. Twenty minutes later the SWAT team responded to the South Door after the shooting of Air Force veteran Ashli Babbitt by Capitol Police Lt. Michael Byrd.

Federal prosecutors argued they have no obligation to investigate the identity or roles of FBI agents on Jan. 6. The judge concurred.

The Court agrees with the government and finds that defendant has failed to show that the government has an obligation to produce the requested material,” Judge Contreras wrote.

In another motion denied by Judge Contreras, Mr. Pope sought to compel the U.S. Department of Justice to inventory and provide access to all Capitol Police security video it has had in its possession.

Mr. Pope said footage is missing from some of the 1,800 USCP security cameras, and prosecutors have only produced 6,000 hours of security video in discovery. A U.S. House committee that oversees Capitol Police has released 20,000 hours of an expected 40,000 hours it will post publicly.

William Pope of Topeka, Kansas, carries an American flag just inside the Senate Wing Door at the U.S. Capitol on Jan. 6, 2021. (U.S. Capitol Police/Screenshot via The Epoch Times)

Mr. Pope wrote that the importance of the security video—thousands of hours of which are now available on Rumble—is underscored by an investigation suggesting two Capitol police officers perjured themselves in the first Oath Keepers trial in the fall of 2022.

Video obtained by Blaze Media showed that a supposed confrontation between Officer Harry Dunn and the Oath Keepers could not have occurred as he described under oath. Capitol Police Special Agent David Lazarus, who testified that he witnessed the confrontation, was in another part of Capitol grounds at the time.

‘Not Beneficial’

While Pope asserts that the missing camera footage is ‘highly relevant to January 6 cases, including [his] own,’ … he does not explain what he expects the footage to show or why that footage would assist in his defense,” Judge Contreras wrote. “Much of the camera footage that Pope requests depicts areas where Pope never set foot. That footage is therefore not beneficial to Pope’s case.”

The judge also denied Mr. Pope’s Aug. 21, 2023, motion seeking video shot by more than two dozen members of the MPD Electronic Surveillance Unit on Jan. 6. He first requested access to the Electronic Surveillance Unit videos in March 2023.

Former FBI special agent John Guandolo with suspected FBI agents Colleague 1 and Colleague 2, along with an unidentified man labeled in court filings as Colleague 3, on the Southwest Walk of the U.S. Capitol on Jan. 6, 2021. (U.S. Capitol Police/Graphic by The Epoch Times)

The August 2023 motion cites MPD internal affairs investigations of MPD officers Nicholas Tomasula and Lt. Zeb Barcus. Hundreds of pages of documents on Mr. Tomasula were heavily redacted, Mr. Pope said, and “the two reports have led to more questions about misconduct by undercover police.”

Mr. Tomasula was identified as the MPD officer heard on video encouraging protesters on the Northwest Steps to keep going and enter the Capitol. He was heard participating in crowd chants such as, “Whose House? Our House!”

At the foot of the Northwest Steps, as a protester climbed up a makeshift ladder onto the balustrade, Mr. Tomasula shouted: “C’mon, man, let’s go! Leave that [expletive],” his video showed. Mr. Tomasula got help from a protester climbing onto the balustrade, then shouted to protesters moving up the steps, “C’mon, go, go, go!”

Federal prosecutors admitted in 2023 that Mr. Tomasula acted as a provocateur embedded in the crowd on Jan. 6.

Judge Contreras concluded Electronic Surveillance Unit video is only relevant to the extent Mr. Pope can identify an undercover officer whose path he crossed.

“While evidence of undercover officers instigating the riot on January 6 could—hypothetically—be helpful and material to Pope’s case, Pope’s motion ‘never identifies a single individual he interacted with whom he now suspects to be an undercover actor,’” Judge Contreras wrote.

“Pope does not say that he himself spoke with or was induced by any undercover officer,” the judge wrote. “Therefore, he cannot make an entrapment defense with the evidence he seeks from the government, and the material he seeks is irrelevant and immaterial.”

Mr. Pope complained that prosecutors restricted his access to some of the investigative materials, which he described as “highly explosive” and “exculpatory.”

In previous filings, Mr. Pope described several self-identified Antifa supporters who were intercepted by undercover MPD officers on Jan. 6, including one who was carrying a gun.

Metropolitan Police Department undercover detectives Ricardo Leiva and Michael Callahan were part of a three-man Electronic Surveillance Unit team at the U.S. Capitol on Jan. 6, 2021. (U.S. District Court/Screenshot via The Epoch Times)

MPD officers made a traffic stop at 10:15 a.m. on Jan. 6 of a vehicle containing three Antifa operatives: Jonathan Kelly, Logan Grimes, and Dempsey Mikula.

Undercover officers who stopped their vehicle said they had received reports that the individuals were carrying weapons,” Mr. Pope wrote. “No footage of this incident has been produced by the government in discovery. However, Kelly live-streamed part of the police stop to Facebook.”

Metropolitan Police arrested Mr. Grimes—who identifies as a woman and uses the name Leslie—for carrying a pistol without a license and being in possession of a high-capacity magazine and unregistered ammunition, according to Mr. Pope. The charges were dropped on Jan. 7, 2021.

In a previous filing, Mr. Pope identified undercover MPD officer Ryan Roe, who encountered a still-unidentified protester seen cutting down green plastic temporary fencing on Capitol grounds. Mr. Roe said to #FenceCutterBulwark, “Appreciate it, brother,” according to his video.

Tyler Durden
Thu, 04/25/2024 – 19:45

via ZeroHedge News https://ift.tt/w0IgNyb Tyler Durden